Date: 23rd September 2026 (Meeting Date), 27th October 2026 (Filing Date)
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
The AGM covered five resolutions:
1. Adoption of audited financial statements for FY ended 31 March 2026 with Board of Directors and Auditors reports
2. Reappointment of Mr. Hari Nair as director liable to retire by rotation (ordinary resolution)
3. Approval of material related-party transaction with Mr. Jignesh Raval during FY 2026-2027 (ordinary resolution)
4. Approval of material related-party transaction with AJ Fibertek India Private Limited during FY 2026-2027 (ordinary resolution)
5. Approval of material related-party transaction with Miba Sinter Austria GmbH during FY 2026-2027 (ordinary resolution)
Financial Results (Standalone & Consolidated)
The company reported strong operational progress for FY 2025-2026:
- Revenue grew by approximately 12% year-on-year
- Profit after tax more than doubled year-on-year
- Company crossed ₹100 crore in annual revenue milestone
- Operating cash generation turned positive during the year
- Inventory and receivables increased during the year
Q1 FY 2026-2027 performance:
- Year-on-year sales growth of approximately 18%
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
- Meeting conducted through video conferencing facilitated by National Securities Depository Limited (NSDL)
- Electronic voting period: 20 September 2026 (9:00 AM) to 22 September 2026 (5:00 PM)
- 25 members participated in the AGM
- Scrutiniser: Mr. Sunil Nanal, practising Company Secretary appointed to supervise e-voting process
- Voting results to be communicated to NSE within two working days